A look at the technicals for GLD, SLV, USO and UNG...
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Commodities
Gold, Silver, Oil & Natural Gas Update
March Corn Suffers Serious Technical Damage
March Corn Suffers Serious Technical Damage
By Jim Wyckoff on January 27
March corn futures at the Chicago Board of Trade have suffered serious near-term technical damage the past two weeks. The damage began with a limit-down (30 cents) price move on January 12. The following day, price action produced a rare gap down on the...
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Jim Rogers: Brace Yourself for Food Shortages
Jim Rogers on CNBC Asia, talks about food inventories and the coming food shortages and ensuing riots.
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Beacon Asset Managers: Grains = 2010 Preferred Commodity
<a href=”http://www.thedailyag.com/wp-content/uploads/2010/01/jan14grains.jpg”><img title=”jan14grains” src=”http://www.thedailyag.com/wp-content/uploads/2010/01/jan14grains.jpg” alt=”" width=”126″ height=”84″ /></a>
Beacon points out that the Ags lagged in 2009 yet have been basing rather than breaking down. They also note that sentiment, per Ned Davis Research, is an extreme pessimism territory. I assume that is proprietary because I haven’t seen that anywhere else.
<a href=”http://seekingalpha.com/article/181262-grains-2010-s-preferred-commodity” target=”_blank”>Click Here for...
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Jim Rogers' Favorite Bull Market
It's still a quiet bull market in the "contrarian's commodity investment."
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The New Year Brings Optimism in the Potash Market
While a company from Belarus signed a deal with China at $350/tonne, North American producers are resisting Chinese demands for low prices.
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K&S Sees Trough in Potash
....K+S said the price of potash, its main product, may have bottomed out after cutting...
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